v3.26.1
Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
OPERATING EXPENSES:    
Amortization of intangible assets $ 178,341 $ 229,377
Research and development expenses 13,962,360 9,266,734
General and administrative expenses 8,511,032 8,570,089
TOTAL OPERATING EXPENSES 22,651,733 18,066,200
LOSS FROM OPERATIONS (22,651,733) (18,066,200)
OTHER (INCOME) EXPENSE:    
Change in fair value of derivative liabilities (3,771)
Interest expense 17,901 332,720
Interest income (596,771) (853,029)
TOTAL OTHER INCOME, NET (578,870) (524,080)
NET LOSS (22,072,863) (17,542,120)
Deemed dividend related to ratchet adjustment to warrants 43,544 369,465
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (22,116,407) $ (17,911,585)
NET LOSS PER COMMON SHARE    
- Basic $ (3.05) $ (12.12)
- Diluted $ (3.05) $ (12.12)
WEIGHTED AVERAGE NUMBER OF COMMON  SHARES OUTSTANDING    
- Basic 7,245,928 1,477,372
- Diluted 7,245,928 1,477,372